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There are plenty of people on any part of the political spectrum for whom the current money system is horribly broken.
by somebodythere 5y ago
There are plenty of people on any part of the political spectrum for whom the current money system is horribly broken.
- codebolt 5y agoRight-wing American libertarians in particular have this simplistic view that government control over anything is the root of all evil. Therefore the decentralized aspect of crypto must seem like a wet dream. I believe the system where a semi-independent central bank has the ability to regulate the currency of the country is a good thing on the whole. It's the best balance of compromises we have seen actualized. Having a fixed supply of digital coins seems more like a return to the old days where there was a fixed supply of gold and silver coinage. And that era was called the dark ages. A system with fractional reserve credit is much more conducive to economic growth and prosperity.